A Digital Borsa (Stock Exchange) for Grain: Epistemic Infrastructure, Competition Law, and the Reconstitution of Market Legibility in EU and BRICS Commodity Governance

Transnational grain trade is indispensable to food security yet structurally resistant to legal visibility. Price-relevant facts, contractual risk allocations, and informational architectures are frequently constituted through private infrastructures, limiting their legibility to public authorities and non-incumbent market participants. The resulting governance embodies a private-law problem of market memory. Embracing an EU and BRICS+ perspective, this article defends the thesis of a digitally engineered “borsa” (stock exchange) as a hybrid institutional infrastructure enabling fairness through structured legibility; a competition-law and private-law architecture, not merely a transparency instrument, producing a shareable evidentiary substrate for markets reliant on private contractual memory, documentary finance and platform-based data accumulation.